Hackers drained $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain early on May 11. The exploit targeted a critical vulnerability, according to a statement from blockchain security firm Cyvers Alerts. At 07:31:38 UTC, the attacker deployed a malicious contract from address 0xb32a53. Just two minutes later,
BlackRock has met with the U.S. Securities and Exchange Commission’s Crypto Task Force to address crypto regulatory concerns. The meeting, held on May 9, focused on staking, tokenization, and exchange-traded product (ETP) rules, according to a public memorandum. During the session, BlackRock representatives discussed how staking features could be added
The crypto market is rebounding once again, and virtual assets are having significant gains, and different cryptocurrencies are set to hit new all-time highs. Following this, XRP has carried on its upward trajectory after the speculations of spot ETF approvals in the US. At the same time, the overall market
U.S. Treasury Secretary Scott Bessent criticized the Senate on Thursday for rejecting the GENIUS Act, a stablecoin regulation bill. The vote, split 49-48, halted progress amid mounting concerns over President Donald Trump’s ties to crypto. Bessent called the decision a “missed opportunity” for American leadership in the digital asset space.
SEC Commissioner Caroline Crenshaw has publicly objected to a proposed settlement with Ripple Labs, warning that it undermines investor protections and the legal foundation built over years of litigation. According to a statement by the SEC on May 8, the deal, which would see Ripple and its two top executives
The American financial services company, Robinhood Markets Inc., is reportedly making a blockchain platform to trade tokenized U.S. securities for European investors. On May 7, Bloomberg in its report mentioned that this step will possibly include a collaboration with a digital-asset company, with Arbitrium (ARB) and Solana (SOL) being seen
The Chief Executive Officer of Hacken, Dyma Budorin, claims that crypto firms are still not serious about cybersecurity, despite big hacks such as the $1.4 billion hack of Bybit. He further added that the industry continues to be dependent on restricted steps like bug bounties and penetration tests. Instead of
Liquid security in crypto is all the rage, enabling crypto investors to boost the security of the wider decentralized finance economy by expanding the capital efficiency of staked assets. With restaking, investors can redeploy crypto that has already been staked to secure proof-of-stake blockchains and use that collateral to provide
Bitwise, the world’s first and largest crypto index fund manager, has submitted a Form S-1 application to the US Securities and Exchange Commission for a spot NEAR exchange-traded fund. On May 6, the fund manager placed NEAR, a layer-1 blockchain, on the list of cryptocurrencies demanding an ETF approval. The
The $6.9 million funding round headed by Polychain Capital was successfully closed, according to a statement released today by DogeOS, the App Layer for the Dogecoin ecosystem. In addition to strengthening the Doge network state and promoting Dogecoin as the currency of the people, this investment will support the growth of
